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Debt operation: Investors’ US$100bn being risked for IMF’s US$3bn– Adongo projects

Isaac Adongo, a member of parliament for Bolgatanga Central, argued that while necessary, the government is not adequately pursuing the present debt restructuring. He asserts...

Business

Today in History: Debt restructuring: 94% of Tier 2 pension contributions may suffer losses

According to reports, the government may lose GH3.7 billion of the GH3.9 billion in Tier 2 pension contributions if it chooses to restructure its...

Business

External causes are behind the current economic difficulties – deputy finance minister

Dr. John Kumah, deputy minister of minister, has insisted that external forces are mostly to blame for the nation's current economic difficulties. He claims that...

Business

Investors may die of shock over Ofori-Atta’s debt exchange program – Economist

According to economist Menson Torkunoo, local bondholders who will be hit hardest by the government's domestic debt swap program may pass out from shock...

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IMF fingerprints all over 2023 budget, debt exchange programme – John Kwakye

Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye, has averred that government's announcement of a debt exchange programme was...

Business

Government targets GH¢137 billion from domestic bond holders in debt exchange programme

The Finance Minister, Ken Ofori-Atta, has announced that the government is targeting GH¢137 billion in a debt restructuring program. The government has stated that due...

Business

Ghana to swap Cedi debt for new bonds in restructuring

As Ghana restructures its debt in order to be eligible for a loan from the International Monetary Fund, it is requesting that local bondholders...

Business

Ofori-Atta’s address on Ghana’s Domestic Debt Exchange

On Sunday, December 4, 2022, Ken Ofori-Atta, the minister of finance, unveiled a variety of initiatives for the government's Domestic Debt Exchange (DDE) program. In...

Business

Why Ghana needs to look for ‘vulture’ investors after downgrades – Analyst explains

The recent downgrades of Ghana's creditworthiness are a significant blow to the country's economic prospects, but Professor Williams Peprah, a financial analyst and associate...

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‘The hardship is real’ for ordinary Ghanaians – Mahama rallies support for government

John Dramani Mahama has bemoaned the difficulties faced by typical Ghanaians as a result of the country's economic crisis. Thus, the former president has urged...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia